KenGen share of power sales drops to 37pc as drought bites

KenGen acting managing director and CEO Rebecca Miano. PHOTO | SALATON NJAU | NMG

Electricity producer KenGen’s #ticker:KEGN share of power sales dropped in the year to June, hurt by drought that stifled hydropower generation and limited transmission lines that hampered transportation of full geothermal power.

The share of KenGen’s electricity sales sunk to 37 per cent from 42 per cent a year earlier, according to the company’s financial statements for the year ending June 30.

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Note: The results are not exact but very close to the actual.